Andreas Pereira has rejected Paris Saint-Germain in favour of a new contract at Manchester United.

"I am pleased to have signed my new contract," Pereira said.

"I would like to thank the manager for giving me the opportunity to join the first-team squad. I made my Premier League debut against Tottenham Hotspur and to play at Old Trafford in front of so many fans was a dream come true.

"I am at the right club to continue my development as a player and to learn as much as I can. I want to thank my family and God for the opportunity he has given me."

Louis van Gaal added: "Andreas has all the attributes to become an integral part of the first team; great natural talent coupled with a good appetite to learn.

"I am pleased with his progression so far this season and look forward to working with him to develop his talent even further."

PSG were prepared to offer Pereira triple what United were willing to pay him, yet the Brazilian Under-20 international has chosen to continue his development at Old Trafford, the Manchester Evening News reports.

Pereira, 19, has made two first-team appearances this season and is the latest youngster to commit his future to United.

Centre-backs Tyler Blackett and Paddy McNair signed deals until 2017 earlier this season.